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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: Dave Mansfield who wrote (17322)1/10/1999 1:29:00 PM
From: HG  Read Replies (2) of 27307
 
It may happen Dave. It really may. What difference does it make to our current reality ? You are missing the point which Yhoo! longs are making. Do we sit in the sidelines waiting for the price to crash ? Do we short and get burned while "fundamentals catch up" ? What **is** a good price to buy YHOO ? Three months back in a discussion with MadDog, he indicated 50 to be a good entry point, then he upped his target to 100, he may have since upped it to 200. Did the company fundamentals change so significantly in the last 3 months ? Yet his entry point changed significantly. The change came from changing market perceptions about the great company called YHOO. Unfortunately, it was too late for him.

The point is, there are no guarantees in this game. There is money to be made, and if I am better off taking the risk which **may**, by your own admission, burn me 12 months down the track, why not make the money and then evaluate at the end of 12 months ? YHOO is not going to disappear overnight. It is a market leader.

And what if nothing does happen ? What if it happens 3 years down the line ? Looking at the future and ignoring the present isn't very wise. Especially when it is obviously an important present.

I know we have discussed this so often, and have agreed to disagree, thought I'd try again.
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